Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Sound Point Meridian Capital, Inc. ( (SPMC) ) has provided an announcement.
On November 5, 2025, Sound Point Meridian Capital, Inc. announced the declaration of distributions for its common and preferred stock for the fourth fiscal quarter of 2026. The company declared a monthly distribution of $0.25 per share on its common stock and distributions on its Series A and Series B Term Preferred Stock, reflecting annual distribution rates of 8.00% and 7.875% respectively. These distributions are scheduled for January, February, and March 2026, and are expected to be paid from net investment income, capital gains, or return of capital, with tax characteristics to be reported to stockholders after the 2025 calendar year.
The most recent analyst rating on (SPMC) stock is a Buy with a $20.00 price target. To see the full list of analyst forecasts on Sound Point Meridian Capital, Inc. stock, see the SPMC Stock Forecast page.
More about Sound Point Meridian Capital, Inc.
Sound Point Meridian Capital, Inc. is an externally managed, non-diversified closed-end management investment company. It focuses on generating high current income and capital appreciation by investing primarily in third-party collateralized loan obligation (CLO) equity and mezzanine tranches of U.S. dollar-denominated CLOs backed by corporate leveraged loans issued mainly to U.S. obligors.
Average Trading Volume: 25,025
Technical Sentiment Signal: Strong Sell
For detailed information about SPMC stock, go to TipRanks’ Stock Analysis page.